Full text of H.8a Weekly Department Store Sales : May 16, 1957
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8 # a BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE May 16, 1957 . WEEKLY DEPARTMENT STORE SAIES Percentage change from correspond!]rig period a year ago (Based on retail dollaip amounts) 1/ Four weeks J 811# X One week ending ending to ! Apr. Z( | Apr. 2U May 11 | May 4 | May 11 May 11 +• 2 +17 - 2 - 2 + 5 + 5 +11 + k + 6 - 1 + 5 + 7 + 2 ' + 1 + 6 + 6 +13 + 3 0 + 6 + 7 - 2 +13 ' +10 Federal Reserve District Boston New York Philadelphia Cleveland +jL Richmond Atlanta Chicago St. Louis + + + - 5 5 7 u + 5 r+ 2 r+13 + 7 +19 0 + 2 + 6 + 23 + 20 r+16 +10 +12 + 6 + 9 + h T T + k 0 Minneapolis Kansas City Dallas San Francisco + + + 6 3 7 1 r+12 r+ 8 - 3 r- 2 + 7 + 3 - 9 0 +20 + 8 +17 + 8 +11 + 5 - i + 2 + 3 0 - 2 + 1 .+ 3 r+ 6 + 3 r+lit + 7 U. s. Total U . S . -weekly index, -without seasonal adjustment, 19^7-U9=100 2/ 195 7 > Ipr.-I3 122 Apr, 20 rl29 Apr. 27 123 May k rl32 -"'May 11 133 — 1956 Tpr. Apr. Apr. May May —— • ,— 1U 21 28 5 12 nu 113 119 125 129 1955 Apr. Apr. Apr. May May , . 16 23 30 7 Ik 103 112 120 m lis .. 1/ During April changes from a year ago reflect the fact that last year Easter was on April 1 while this year it was on April 21. For this reason it is estimated that in comparison with last year an allowance should be made for an increase in sales of about 8 per cent for the month of April as a whole. These allowances apply to the figures for the United States• 2/ For description and weekly indexes for the period January .1937 to March 1952 see Federal Reserve Bulletin for April 1952, pp. 359-362. Indexes for the period April 1952 to date may be obtained upon request from the Division cf Research and Statistics . "Weekly indexes at the district and city levels are published by several of the Federal Reserve Banks.